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2022
Exports $10.1MWorld Rnk 44 / 196
Flag Rnk 768 / 1213
2022
Destination $545k China
2021 - 2022
FASTEST GROWING MARKET $545kSingapore
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $159MWorld Rnk 11 / 214
Flag Rnk 449 / 1214
2022
Origin $5.74M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.74MBrazil
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $10.1M in Essential Oils, making it the 44th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 768th most exported product in Japan. The main destination of Essential Oils exports from Japan are: China ($1.89M), Indonesia ($1.53M), Thailand ($1.45M), Singapore ($1.4M), and United States ($917k).

The fastest growing export markets for Essential Oils of Japan between 2021 and 2022 were Singapore ($545k), Indonesia ($402k), and Thailand ($338k).

Imports In 2022, Japan imported $159M in Essential Oils, becoming the 11th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 449th most imported product in Japan. Japan imports Essential Oils primarily from: United States ($55.6M), France ($21.9M), India ($16.7M), Germany ($10.2M), and Brazil ($8.16M).

The fastest growing import markets in Essential Oils for Japan between 2021 and 2022 were Brazil ($5.74M), United States ($5.01M), and Germany ($1.9M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Essential Oils exports accounted up to ¥114M and imports accounted up to ¥1.76B, resulting in a negative trade balance of ¥1.65B. Between August 2023 and August 2024 the exports of Japan's   Essential Oils have increased by ¥26.4M (30.1%) from ¥87.7M to ¥114M, while imports increased by ¥73.5M (4.36%) from ¥1.69B to ¥1.76B.

Destinations In August 2024, Essential Oils were exported mostly to Singapore (¥42.6M), China (¥27.1M), Thailand (¥17.8M), South Korea (¥12.5M), and United States (¥4.26M), and were imported mostly from United States (¥636M), India (¥281M), France (¥192M), Italy (¥155M), and Germany (¥78.6M).

Growth In August 2024, the increase in Essential Oils's year-by-year exports was explained primarily by an increase in exports to Indonesia (¥5.3M or 788%), Thailand (¥2.16M or 428%), and Singapore (¥1.13M or 11.7%). In August 2024, the increase in Essential Oils's year-by-year imports was explained primarily by an increase in imports from United States (¥247M or 137%), France (¥92.9M or 47.3%), and Brazil (¥48.7M or 162%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥26.4M(30.1%)
IMPORT GROWTH (August 2023 - August 2024)¥73.5M(4.36%)
MAIN EXPORTER (August 2024)Osaka¥87.7M
MAIN DESTINATION (August 2024)Singapore¥42.6M

This section shows Essential Oils's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Essential Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.1M
IMPORTS (2022)$159M
NET TRADE (2022)-$149M

In 2022, Japan exported $10.1M in Essential Oils. The main destinations of Japan exports on Essential Oils were China ($1.89M), Indonesia ($1.53M), Thailand ($1.45M), Singapore ($1.4M), and United States ($917k).

In 2022, Japan imported $159M in Essential Oils, mainly from United States ($55.6M), France ($21.9M), India ($16.7M), Germany ($10.2M), and Brazil ($8.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Singapore$545k (63.6%)
Indonesia$402k (35.7%)
Thailand$338k (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Japan WERE (2021 - 2022):
China-$888k (-32%)
United Arab Emirates-$166k (-86.6%)
Hong Kong-$150k (-52.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Japan's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.3M
TOP IMPORT POTENTIALIndia+ $9.8M

Essential Oils’s highest export potential is China. With an export gap of $1.3M.   Essential Oils’s highest import potential is India with an import gap of $9.8M.

See methodology.

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